Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Romania - 2023
Contents:
- Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Romania (CIF) - 2023
- Imports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Romania
Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Romania (CIF) - 2023
The average import price for swine; live, (other than pure-bred breeding animals), weighing less than 50kg stood at $101 per unit in October 2023, jumping by 47% against the previous month. Over the period under review, import price indicated a pronounced increase from October 2022 to October 2023: its price increased at an average monthly rate of +4.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for swine; live, (other than pure-bred breeding animals), weighing less than 50kg decreased by -18.6% against May 2023 indices. Over the period under review, average import prices hit record highs at $124 per unit in May 2023; however, from June 2023 to October 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Bulgaria ($238 per unit), while the price for the Netherlands ($92.4 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Denmark (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Romania
In 2022, overseas purchases of swine; live, (other than pure-bred breeding animals), weighing less than 50kg decreased by -0.9% to 1.2M units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 9%. As a result, imports attained the peak of 1.2M units, leveling off in the following year.
In value terms, imports of swine; live, (other than pure-bred breeding animals), weighing less than 50kg dropped dramatically to $62M in 2022. In general, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 1.2%. As a result, imports reached the peak of $79M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 33.4 | 34.7 | 28.0 | 22.8 | -11.9% |
| Netherlands | 11.6 | 14.8 | 15.7 | 19.5 | 18.9% |
| Hungary | 20.1 | 14.5 | 12.6 | 10.1 | -20.5% |
| Denmark | 5.4 | 10.0 | 16.2 | 8.6 | 16.8% |
| Slovakia | 6.5 | 4.1 | 2.8 | 0.8 | -50.3% |
| Others | 1.5 | 1.3 | 1.6 | 0.2 | -48.9% |
| Total | 78.4 | 79.4 | 76.9 | 62.0 | -7.5% |
Top Suppliers of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing Less than 50kg to Romania in 2022:
- Germany (442.6K units)
- Netherlands (359.8K units)
- Hungary (192.0K units)
- Denmark (149.5K units)
- Slovakia (18.2K units)
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